Old Mutual

Banking + 2 more

Head of Partnerships

Closed for applications
Job details

Contract Type

Description

v

SKILLS, KNOWLEDGE & COMPETENCIES

  • Deep understanding of life insurance products & distribution models
  • Strong negotiation, relationship-building, and communication skills
  • Strategic thinker with a results-driven approach
  • Ability to work collaboratively across teams and manage multiple projects simultaneously

3. QUALIFICATIONS & EXPERIENCE

  • Bachelor’s degree in Insurance, Finance, Business, or a related field
  • Diploma in Insurance / LOMA/CII
  • 7+ years of experience in a similar role with a proven track record in sales and relationship management
  • Proven track record of driving revenue growth through strategic partnerships
  • Experience in insurance digital sales and partnerships is an added advantage


Responsibilities

A. Strategic Partnership Development

  • Identify and evaluate potential partners, including financial institutions, affinity groups, technology platforms, and brokers etc to expand life, general and health insurance distribution channels
  • Develop partnership strategies that align with the company’s growth objectives and customer acquisition goals
  • Lead negotiations to establish high-value, mutually beneficial partnerships

B. Business Growth and Revenue Generation

  • Drive revenue growth through new and existing partnerships by creating tailored solutions and offerings
  • Develop joint business plans with partners, including marketing, sales, and operational initiatives to achieve agreed targets
  • Oversee the launch and scaling of partnership initiatives & ensuring seamless execution

C. Collaboration and Internal Alignment

  • Work closely with internal teams such as product development, underwriting, actuarial, marketing, IT and operations to design partner-specific insurance solutions
  • Ensure partnerships comply with regulatory requirements and internal standards
  • Act as a liaison between external partners and internal stakeholders to maintain alignment and resolve challenges

D. Relationship Management

  • Build and nurture long-term relationships with key partners, ensuring ongoing collaboration and loyalty
  • Serve as the main point of contact for partners, addressing their needs and ensuring satisfaction

E. Market Analysis and Innovation

  • Monitor market trends, competitive activities, and regulatory changes to identify new opportunities for partnership-driven growth
  • Explore innovative partnership models, such as Insurtech collaborations and digital integrations, to drive sales, and customer engagement

F. Performance Monitoring and Reporting

  • Establish KPIs to measure the success of partnerships and track performance against goals
  • Regularly report on partnership performance and provide actionable insights to senior management
  • Identify areas for improvement and recommend adjustments to strategies as needed


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